National Energy Technology Laboratory; Notice of Availability of a Financial Assistance Solicitation

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Notice is hereby given of the intent to issue Financial Assistance Solicitation No. DE-PS26-01NT41104 entitled "Power Plant Improvement Initiative." A draft program solicitation, as a precursor to potentially awarding multiple financial assistance cooperative agreements, is now being developed. Following release of the draft solicitation, expected in December 2000, a comment and response session with industry and other potential partners will be conducted prior to final issuance of the program solicitation. Final issuance of the program solicitation is slated for late-January or early-February 2001 with awards expected early in fiscal year 2002. DOE will provide $95 million to fund the program, and proposers must match (or exceed) the government cost share for every project, bringing the total program value to at least $190 million. DOE anticipates making multiple awards under this program solicitation.